Cardy: United voice for advisers is a fallacy

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The head of a newly-launched adviser trade body to rival AIFA has rejected industry calls for a "united voice".

Gill Cardy [pictured], founder of the IFA Centre, hinted that her organisation would pursue a different agenda to the Association of IFAs (AIFA) - despite pleas for them to work together. "We don't need to speak with one voice," she said. "With the advent of restricted and independent advice, we now have a case of two separate sectors and interests." AIFA announced in July it would extend membership to all advisers bar bank staff when the new rules on independence come into force from 2013. The trade body has publicly and privately urged breakaway organisations - most notably Alan ...

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